Michael Burry - founder and manager of Scion Capital - has recently stacked his portfolio with seven new positions in companies he believes are primed to continue growing despite uncertain economic conditions. We’ve already discussed two of his positions - COHR and BKI - but today, we’re taking a look at a 3rd company [...]
It’s been a rough year for the largest e-commerce company in the world, Amazon. Share prices today have fallen to record lows over the past three years, down to just $82/share. As the company sits over 50% lower today than it did this time last year, things are changing structurally for Amazon. The company [...]
The discount retailer Five Below (FIVE) opened Thursday morning with a nice jump after the company issues a positive earnings report with an even better outlook. So far this morning, the stock is up 15% - but should you follow the trend and buy now, or have you missed your window? You’ll find a [...]
Tuesday morning Burlington Coat Factory (BURL) issued its 3rd quarter earnings report. Results for the quarter that ended October 29, 2022, were lackluster, to say the least - with a decrease in total sales, gross margin, and other key categories. And yet, shares of BURL were trading 20% higher as of 6:30 AM this [...]
After reporting Q3 earnings that exceeded expectations, Macy’s (M) stock climbed over 11% as of 11 AM EST Thursday morning. If you’re evaluating the stock and considering whether there’s an opportunity for trading here, we’ve got two things you need to see first. Before we unveil our findings, let’s look at what happened in [...]
One of the world’s most popular toy and game makers is taking a serious hit during Monday trading - following up on last week’s volatility. So far this morning the stock has dropped 8% lower than it opened. This comes as one analyst at Bank of America performed a deep dive into the company’s [...]
The world’s largest hydroponic provider (GRWG) got a nice bump today after a 3rd quarter earnings report that featured overperformance in multiple categories. The company - GrowGeneration, commonly referred to as just GrowGen - has 58 different locations across 15 different states. It’s up 38% so far - but what exactly happened to cause [...]
Albertsons (ACI) stock has risen over 10% so far Thursday morning due to rumors that the grocery store chain could merge with one of their much bigger competitors: Kroger. And we won’t have to wait long to see how this pans out. Sources say a deal could be reached as early as tomorrow before the [...]
Nike stock plunged 12% this morning after another earnings report that missed expectations. While revenue and EPS figures came in strong, the margins slipped up a bit - which has only been exacerbated by inflation. But the real reason analysts and investors alike have growing concern over the trajectory of Nike? Inventory. Their inventory [...]
Those looking to buy Peloton equipment and fitness gear or access to thousands of on-demand fitness classes will be excited to hear that it just got a whole lot easier. Now - the company’s offerings are available through Amazon. The fitness company struck a partnership with the e-commerce platform to grow its customer base, [...]
